WSJ writes "How BlackRock Forged a Plan To Rescue Fund"

Dec 05 07

WSJ writes "How BlackRock Forged a Plan To Rescue Fund". The article describes BlackRock, the 4th largest manager of money funds', role in shaping the Florida LGIP rescue plan. The plan, which was accepted yesterday, is to split the pool in two and to permit limited redemptions on the higher-quality (86%) "Pool A".

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